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Sector Outperform
down 25.16 %

CONTINENTAL RESOURCES INC (CLR) rated Sector Outperform with price target $150 by Howard Weil

Posted on: Wednesday,  Sep 11, 2013  9:25 AM ET by Howard Weil

Howard Weil rated Sector Outperform CONTINENTAL RESOURCES INC (NYSE: CLR) on 09/11/2013. Previously Howard Weil rated Market Outperform CONTINENTAL RESOURCES INC (NYSE: CLR)
on 10/12/2012., when the stock price was $39.58. Since then, CONTINENTAL RESOURCES INC has lost 25.16% as of 01/15/2016's recent price of $29.62.
If you would have followed the previous Howard Weil's recommendation on CLR, you would have lost 25.16% of your investment in 1190 days.

Continental Resources, Inc. is an independent oil and natural gas exploration and production company with operations in the Rocky Mountain, Mid-Continent and Gulf Coast regions of the United States. The Company focuses on exploration activities in new or developing plays that provide it the opportunity to acquire undeveloped acreage positions for future drilling operations. During the year ended December 31, 2008, 70% of its reserves were located in the Rocky Mountain region. During 2008, the Company acquired 20 square miles of 3-D seismic on Chicago/Norad project. Its wholly owned subsidiary is Banner Pipeline Company, L.L.C.

Howard Weil’s team of research professionals currently cover approximately 100 public energy companies, including major integrated oil companies, independent refiners, exploration and production companies, oilfield services companies, gas and power, coal producers and other energy companies. Our research analysts engage in ongoing dialogue with company management and constant internal analysis in order to give Howard Weil’s clients an in-depth understanding of the companies we cover, as well as current insights on the global energy marketplace.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/11/2013 9:25 AM Buy
50.86 75.00
as of 12/13/2013
1 Week up  0.13 %
1 Month down  -7.88 %
3 Months up  4.95 %
1 YTD up  43.78 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/8/2013 9:25 AM Buy
48.51 68.00
10/12/2012 9:25 AM Buy
39.58 49.50
8/23/2012 9:25 AM Hold
36.70 42.50
12/6/2011 9:25 AM Hold
35.02 39.50
3/24/2011 10:25 AM Hold
34.48 39.00
1/6/2010 8:25 AM Hold
22.61 20.00

(*) Stock Price at the time of the recommendation.
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